Lowe's sticks to forecasts amid muted US housing market, flags cost pressures
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Stifel on Lowe's (LOW): 'the shortfall on comparable sales relative to our estimate drives our negative overall view'
May 20, 2026 7:22 AM EDTStifel analyst W. Andrew Carter reiterated a Hold rating and $220.00 price target on Lowe's (NYSE: LOW).
The analyst comments "$3.03 adjusted F1Q26 EPS, outperforming our $2.97 F1Q26E. But softer 1Q26 comparable sales, +0.6%, 70 bps below our estimate, with comparable decelerating in the quarter... More

